SHAH ALAM, Dec 30 — A catering company today became the first employer in Malaysia to have its assets seized after failing to settle its Social Security Organisation (Socso) contributions totalling RM19,765.20.
Selangor Socso director Ismail Abi Hashim said the action was taken after a Melevi warrant was issued by the court following a motion by Socso, as the company failed to obey the Shah Alam Magistrate Court’s March 9 order to pay a fine of RM4,000 for failing to settle its arrears.
“The court also allowed the company to settle the arrears of RM19,765.20 from March 25, 2023, in six instalments, and a failure to do so would result in a Melevi warrant being issued,” he said in a statement today.
The company failed to settle its arrears after the stipulated period had passed, so Selangor Socso sought a court order to seize the company’s assets, he said, adding that today’s seizure included assets estimated to be about RM20,000.
He said the company has been given seven days from today to settle its Perkeso arrears before an auction set for January 13.
— Bernama
